Polkadot Network (DOT)

699 Articles 52,581 Followers

Polkadot is a revolutionary blockchain infrastructure designed to enable the next generation of the web where users control their own data and identity. It creates this infrastructure by providing a way to connect different, independent blockchains together in a single network, allowing them to interoperate, exchange data, and process transactions with the benefit of shared security provided by the Polkadot Relay Chain. It also allows interaction with non-blockchain systems and established blockchains such as Bitcoin and Ethereum. 

With a transaction speed of up to one thousand transactions per second, Polkadot solves the major problems that hampered blockchain adoption to date and enables blockchain applications from decentralized finance (DeFi) and energy to the Internet of things (IoT) and gaming. 

Polkadot is built using Substrate, a modular framework for building blockchains. Chains built with Substrate can easily connect to the Polkadot ecosystem. 

Polkadot is a project of Web3 Foundation.

Before being integrated into Polkadot, the technology can be tested on the experimental platform Kusama, which has been built with (almost) the same code.

DOT - the native Polkadot tokens - serve several functions. They: 

  • give holders a role in controlling the governance of the platform
  • are staked for operating the network
  • can be bonded for a parachains
  • can be used to pay fees within the network

Polkadot is the brainchild of Gavin Wood, co-founder and former CTO of Ethereum.

What are the Polkadot Parachains Acala & Moonbeam REWARDS worth?

17 Nov 2021 1 minute read 0 comments Altcoin Edge Youtube

You might have heard of the Polkadot Parachains. The 1st week of auctions is about to end and ACALA ($ACA) and MOONBEAM ($GLMR) are going head to head.How well would you do as a particpant in these crowdloans? That's what I'll try to answer in below...

How To Get An Extra Bonus During Equilibrium’s PLO Phase 1

14 Apr 2021 1 minute read 0 comments Equilibrium

We are raising funds to secure a parachain slot on Polkadot with our two-phase parachain lease offering. All told, we expect to have 250,000 DOTs on hand when the PLO Phase 1 is over on April 25. But we can only get there with the help of our communi...

DOT or ADA what will be the future ?

3 Apr 2021 1 minute read 0 comments tttomate

ADA or DOT,simple question, what do u think has more potential and why ? Thats the question i asked on the r/CryptoCurrencies Subreddit and after 3 days, It was clear  And as u can see ADA has won but if u start looking in to the comments u will see...

How to ID a Shit Crypto Project, Lesson 1

23 Jan 2021 2 minute read 0 comments benn0xake

Looking for new gems, not having much luck, but I did come across something to write about. I've seen enough garbage in the crypto space to know what crap looks like. I want you all to check out a project whitepaper for a project called Polkabridge....

Back To $11000 BTC Goes

12 Sep 2020 1 minute read 0 comments doyouminecrypto

    Hello!         Let's see what happens when the volume comes back.  Personally I like what I see. Any questions? Just ask.   Good luck trading!   This is not financial advice

How to Buy Polkadot token in 2020

10 Sep 2020 1 minute read 0 comments

Are you looking to buy Polkadot token?. So you are in right place. In this guide, you will find out the best exchange to buy Polkadot token. How to buy Polkadot token in 2020

Particle Network Free Airdrop Points Farming (Easy)

25 May 2024 1 minute read 0 comments Myxoplixx

Imagine Web3 being like a mall with a bunch of stores, but each store has its own entrance, money, and weird rules. That's kind of how blockchains are right now. Chain abstraction is like having one entrance and one currency for the whole mall. You w...

SubDAO airdrop

9 Apr 2021 1 minute read 0 comments Arkemmus

Subdao is a new DAO based on the Blockchain of Polkadot. Until April 17, an AirDrop is underway with 40,000 GOV + 5,000 USDT, in which GOV will be the token of the SubDAO platform. The first 2000 participants will get 2000 GOV each, while the 5000 Te...

SubDAO Airdrop: Substrate Decentralized Autonomous Organization

1 Apr 2021 1 minute read 11 comments Robertoit

The world of DAO has fascinated me since the first time I heard about it. For those unfamiliar with the subject, these are infrastructures where it is possible to manage organizations in a decentralized way.In these organizations, executive activitie...